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Integrating Values, Purposes, and Visions for Responsible Development

Human Capital and Assets in the Networked World

ISBN: 978-1-78714-828-4, eISBN: 978-1-78714-827-7

Publication date: 19 August 2017

Abstract

This chapter highlights a study showing that knowledge sharing and envisioning processes can have positive effects on human and social capital growth within a network. The chapter begins by arguing that a responsible development perspective can be more proactive approach than a sustainability perspective. Some actors (non-profit, public, and private) have achieved responsible development goals by integrating values, purposes, and visions. More specifically, we conducted a study testing a methodology that can guide a process of building a strategic vision within a network with the goal of improving their responsible development orientation. The chosen methodology is “Participatory Action Research.” The implementation of the envisioning process was studied via quantitative/qualitative research tools. The methodology was tested in an official cross-country project funded by the European Commission. The project was selected as a best practice by the same European Union Commission. The study highlights the importance of envisioning processes in building social and human capital at the inter-organizational level and, in particular, in highly complex sectors such as those oriented toward improving social responsibility. In fact, work on the envisioning process itself represents an essential instrument for developing strategic objectives to be shared among actors within networks that intend to promote responsible development and improve their human and social capital. This bottom-up process of envisioning can also facilitate cultural interaction among community members, even in a cross-country context. This relevant “learning-by-interacting” experience can create a growth process for the human and social capital of entire communities. The creation of social capital also promotes the development of shared knowledge and advances, leading to the general understanding of common core objectives and appropriate ways of acting within the social system. The chapter ends with recommendations for future research.

Keywords

Citation

Niccolini, F., Davis, E.B., La Verghetta, M. and Pilotti, V. (2017), "Integrating Values, Purposes, and Visions for Responsible Development ", Russ, M. (Ed.) Human Capital and Assets in the Networked World, Emerald Publishing Limited, Bingley, pp. 177-214. https://doi.org/10.1108/978-1-78714-827-720171007

Publisher

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Emerald Publishing Limited

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